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RPT Schering-Plough, Bayer get Japan OK for Zetia


Published :
Thu, 19 Apr 2007 07:59
By : Agencies
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(repeating to add Bayer ticker, headline reference)

FRANKFURT (Thomson Financial) - Drug maker Schering-Plough Inc. on Wednesday said it received Japanese marketing approval for its cholesterol-lowering drug Zetia.

Zetia will be co-marketed in Japan with Bayer Yakuhin Ltd., Schering-Plough said.

Zetia will not become available in Japan until National Health Insurance Reimbursement price listing.

Schering-Plough received approval from the Food and Drug administration for Zetia in 2002, and the medication has been approved in 90 countries worldwide.

Schering-Plough Shares rose 40 cents to close at $28.55 on the New York Stock Exchange.

tf.TFN-Europe_newsdesk@thomson.com

jms

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